On-time payment record saves renters with bad credit

Future-Proof: Navigate Threats, Seize Opportunities at ICNY 2018 | Jan 22-26 at the Marriott Marquis, Times Square, New York

Question: I am a renter and enjoy your column because I learn a lot about how landlords operate. I am concerned that so many landlords use the credit report to select their tenants. Sure, a bad credit report may be a red flag. But that doesn't mean that the tenant has not or will not pay the rent in a timely manner. My credit became bad after I moved into this apartment six years ago, but I have always paid my rent on time. The management company has not had any problems with me. If I were given a notice to vacate I might even become homeless because I don't have any savings. My credit report would shut the doors for many potential landlords. Are there some landlords that will trust tenants with poor credit or not even run a credit check? Property manager Griswold replies: Thank you for your comments. You raise many valid points. Yes, there are some landlords that do not rely on credit reports when screening their tenants. You may have to broaden your search for these landlords or prop...